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While we're all on a tirade on what the CEO of Papa Johns is doing... Can we also talk about the negative effects regressive taxes, and minimum wage have on the poor?

Anyways, any business that doesn't do some kind of restructuring during an economic regulation as big as this one, has probably already cut some kind of deal with the government. (like many have)Also when you are running a large company such as his nation wide pizza chain, there are great risk, and you must have a buffer in your profit. Hard times are always right around the corner, and it's better to be safe, than on your ass.(well with this government, most large companies are too big to fail)

Did any of you stop to think though, this is the pizza business, this isn't Google, Microsoft, or Apple(etc, companies that are Career oriented), this is a company that requires no previous experience, not even a High School diploma. Honestly, places like these and other chain restaurants give high schoolers and other under qualified individuals a chance to get money and experience. These jobs are not permanent, they usually have a high turnover rate for the very reason they're for people that are just on their way up. So just like minimum wage, when you require an employer to start providing a hell of a lot more for each employee, a lot less under qualified people are going to have the opportunity to even work.

Again, instead of being thankful there are businesses that require so little from their employees, and give so many people a chance to better themselves, you short sighted liberals are going to put a lot of people out on their ass. While you blame the big companies, that have to stay competitive to survive, so they can't afford to pay someone 50k a year in wages & benefits, just to flip a Farking burger. This price would be passed onto the consumer, which would in turn make the business less competitive(less every other business had to as well, in this case, it would just be inflation, and that's one of the worst things for the poor). You don't start a business and go through all that stress and sacrifice to break even.

I don't know how you guys don't understand the trickle down effect, and how this is going to do nothing but **** the poor over even more.. Yeah giving everyone health care seems noble and gee golly I wish everyone had it, but in the real world, somebody has to pay for it. Mark my words, there will be a spike in the cost of everything from this little piece of regulation, and if unemployment or underemployment doesn't shoot up as well, it will simply be a case of manipulating the numbers. Also lets raise the minimum wage to 100 dollars an hour if that's how simple it is to help the poor................

trickle down doesn't exist...

You quote the guy who has a TV show on FOX News and think Obama grew up in Kenya.

Reps have been trying to scare people away from Obamacare since it started. Now someone here used math to basically show that the job cutting is bullshit but you know...

Healthcare is not a tax, but your boss thinks it is and you're ok with that. QQ on man. one day you'll win the fight to stay uninsured.

I QQ because now anyone of the lower class, such as minimum wage workers, will be forced to work two jobs to make ends meet. How is that helping anyone?

And it's not just papa johns that'll be doin this. Any sort of food service industry similar to papa johns will be doing the same. Which screws over hundreds of thousands of people

exactly..


exactly..voodoo economics; George HW Bush

Theres a CEO threatening to cut jobs and hours for a clearly political reason, and there are people defending him?

Also Papa Johns is a small business now?

When a person who cant afford insurance goes to the emergency room, who gets fcked? That person, the hospital and taxpayers. Is the answer to just let these people die?

Theres somehow people complaining about minimum wage now? Did we time travel to the 1900s?

I believe by small buisness their referring to the local franchises. But eh.

And no, letting someone die due to no health care is dumb. But theres far too many people who abuse government aid for it to actually ever be effective.

And I'm not complaining about minimum wage. But when people lose 1/4th of their income, due to getting their hours cut, that is a problem.

Hilarious... Have you ever ran any kind of business? I'm not talking trickle down from tax cuts I'm talking about trickle down as in shit runs down hill... This is completely different than the trickle down theory on tax breaks. and yes it does exist, obviously...

lmao, Yes shit runs down hill, and trickle down only refers to tax breaks.

You've said enough.

Tasdik man, FOXnews really isn't a reliable source.

I'm aware. But I also mentioned it to my general manager and he confirmed that it'll be happening. So yeah.

Yes and you haven't sounded like every ignorant tea party idiot while trying to conceal it with walls of text

Papa Johns and Applebees...

are two company out of THOUSANDS that employ lower class and minimum wage workers. Maybe when hundreds of corporations make these announcements we'll have something to worry about but in the meantime i suggest looking into employment at the the other THOUSANDS of companies hiring people at your skill level who aren't shitting their pants over Obamacare.

I'm surprised RuYi hasn't locked this thread yet

The first of many. Just wait.

What if it's just those two. And like next year everyone delivering pizza's over at Dominos and Pizza Hutt have health insurance AND better hours. Will you still stand by your bosses decision?

Even though the likely hood of that happening are slim to none, yes. Does that mean I'll still work there? Probably not. But it's his company so who am I to tell him how to run it.

But again, there's no way we get our hours cut, and Dominoes doesn't. Birds of a feather.

Tasdik you know nothing of politics and quoting from Faux News automatically dismisses anything you have to say politically and economically.

As if your opinion on the subject actually matters. *rolls eyes*

There is no opinion here, there are just facts. If increasing the price of one loving pizza by 10c will pay for health care, so be it. I don't understand how he will have to cut hours if he proposed an increase in price to pay for employee benefits (THAT MOST COMPANIES ALREADY PAY!)

Tasdik... you're brainwashed man D:
Papa John is Farking you over, not Obamacare. Papa John is the only one at fault.
And the 'American Dream' isn't really that much of a good thing either. For most people it's just an excuse to become wealthy fast.

But at what cost ლ(ಠ益ಠლ)!?
answer:

He can't respond since he's dead to SRF but it's my eulogy to him. Wherever you are, may the rainbow always touch your shoulder.

^ Great example of why not to tune into CNN. That explanation doesn't even come close to explaining anything in the terms of legitimate economics. He uses a single cost factor to say that there is no reason Papa John's should have to charge more for it's pizza... I really wish the market worked like that, and historically large, and overly complicated legislation only had a single factor dictating your expenses in the future.

Sadly real life does not work this way =/ It's too bad too, economic classes would be as easy as basic math class..

so you can explain why Papa Johns will have to charge more? Because no one, not even Papa Johns can explain it. So please go right ahead. Use your maths and your knowledge of the legislation to show me, nay the world, why Papa Johns has to raise it's prices and cut job hours.

Well seeing as I don't have his books, I can only speculate like everyone else. (but I suppose be a little more realistic about it) Almost all businesses are going to have to adjust for this legislation, it's how the market works when you change the rules of the game. Either way, he's able to do what he wants, and say what he wants. My guess is the 11-14 cents a pizza is his projection of the cost incurred and the rather large % of inflation that will take place in the coming years, which is standard in any shift from "free" market to more socialized. As we all know this is a progressive bill, and many factors will come into play later on down the road, with the end goal of phasing out any private insurer. Num Num gonna love meh some higher taxes and government bureaucracy =) (oh but our taxes are at their lowest they've ever been since president wetmore!)

anyways... yada yada yada... He's probably being a little hasty with his projection of 14 cents a pizza, but again, I don't have his books, I don't own one of his stores, and he's not much for pillow talk... so I can only speculate it's for the same reasons everyone else will be adjusting. (Only he apposes the bill, so he gets the blunt of the anti-capitalist media)

So you don't have any math. You don't mention any specific part of the legislature that will affect his business. And literally everything you've said is based on your opinion

But CNN is the one who gets it wrong. Really everyone who has done the math with the information available is, according to you, getting it wrong.

What legitimate economic factors is CNN leaving out? How will they factually affect the company? Saying he's raising the price due to inflation would be OK if you could factually project that inflation and link it's cause directly to Obamacare. Europe has enjoyed pretty even inflation rates with the US despite all the socialized spending they do normally ON TOP of all these greece bailouts. Where is it stated anywhere that the end goal of this will be phasing out the private insurer? What exactly are the many factors that will come into play later on? How will they factually effect the economy in a way that is based entirely on Obamacare?



I don't want your opinions. They are biased. Not saying mine aren't but you're the one who called CNN out on not having the right information so I'm asking you what the right information is. Do you have any facts or mathematics based in the reality of the situation to back up anything you are saying at all because again. Not everyone is complaining. Only a very very small minority is while there are companies with similar business models in the same industry that don't seem to have a problem with the bill and are not threatening to raise their prices or reduce worker hours.

I stated the factors that make CNN's analysis far from reality. But it doesn't take a Ph.D in economics to understand that the cost incurred to Papa Johns is not solely through a penalty. I can say that they're wrong, and why they're wrong, without doing a complete write up on the topic. The burden of proof on the subject they're discussing, does not fall on me. (no reason to go get a degree to disagree with a bias network.)

My claim was simply that CNN is wrong if they are saying that's the only factor that Papa Johns is dealing with when it comes to raising cost. Why is it my job to educate you on economics and how the free market operates, or the specifics of a piece of legislation? If you take issue with me disagreeing with their math, than isn't it your responsibility to educate yourself and prove me wrong with all the standards that you ask me to provide? I'm only saying they are wrong because their use of a single factor to determine if the cost per pizza is justified. Clearly the economy, and especially in a large business with so many variables, it is not going to be as simple as a single direct penalty... It's a show... They're putting up numbers, their viewers just soak it up, and don't question it, this is how the media operates... I find it irritating that you constantly talk about my bias, and try to prove your arguments with this MSM bias/brainwashed house hold news shit. You were the one that submitted this video as the end all discussion to this argument.. I just pointed out the flaw in it's logic.